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The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 4.5%.

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 7 December, at the price of accepted bids. This time Primary Dealers did exercise their right to purchase in RIKS 26 0216 for 170.2 m.kr. Total outstanding nominal value of RIKS 26 0216 is now 9,783,700,000 kr. Settlement date is 12 December 2018.